Stop Loan Recovery Harassment – Learn How to Legally Settle Your Loan Today
Let’s not sugarcoat it.
Missing EMIs can ruin your sleep, your phone will never stop ringing, and relatives will gossip more than the bank will explain your options.
Most people think, “Bas, ab toh recovery guy will keep calling and I’ll lose whatever is left…” — but it doesn’t have to go that way.
There’s something called loan settlement. Not a shortcut — but a fair way to close the loan when you genuinely can’t pay full.
What is Loan Settlement?
Simple — you tell your bank, “Look, I don’t have the money to pay the entire amount. Take this part and finish it here. No more calls, no more notices.”
Bank checks your situation — job gone? Medical problem? Business failed? — and if they believe you can’t repay in full, they often say okay and give you a one-time amount to pay.
That’s it. Loan closed.
But there’s a catch:
If you do this wrong — like talk only on phone, pay without proof, trust the recovery guy’s “Sir, done ho jayega” — your CIBIL will suffer for years and the bank may still chase you later.
So where do we fit in?
We run Cut My Loan. Not a fancy name — we just cut the mess. We deal with banks daily. We know which officer needs what paper, what to say and not say, how to get a fair settlement amount.
Here’s what actually happens with us:
- You tell us your problem.
No fee for talking. Many people just need advice — that’s fine. - We see if settlement makes sense.
Some people don’t even need it — maybe you can get an extension or restructure. We don’t push you. - If settlement is right, we prepare your papers.
It’s all confidential — no random agents poking around. - We talk to your bank.
We handle the back and forth, so you don’t get daily headaches. We bargain — because banks always try to take more. - You get an official letter.
Proper bank letterhead, clear amount, due date — not some verbal ho gaya drama. - You pay directly to bank.
Not us, not a middleman — only the bank’s account. - After payment, we push for your NOC and closure letter.
So your CIBIL is updated properly.
Why not do it alone?
You can. But 9 out of 10 people mess up.
They settle by phone, forget to take the letter, pay cash to an agent, or agree to a big amount out of fear.
Result?
Still bad CIBIL. Still calls. No closure.
With us — you have someone who’s done this 500 times, who knows how banks twist words, who knows which recovery guy is bluffing.
Don’t lose sleep more than needed.
Loan settlement isn’t for everyone. But when you genuinely can’t repay, it’s better than drowning in interest forever.
We’re here to guide you — talk straight, no tricks, no drama.
Check if you’re eligible — no charge. If it makes sense, we’ll fight for the best deal. If not, we’ll say so.
You decide. Not the bank. Not the agent.
You.
